UN/IMF Model Legislation on Money Laundering and Financing of Terrorism

Share

Model Legislation

The UN/IMF Model Legislation on Money Laundering and Financing of Terrorism is dated December 1, 2005. It states, "This model law on money laundering and the financing of terrorism is the outcome of a joint effort of the United Nations Office on Drugs and Crime (UNODC) and the International Monetary Fund (IMF). It contains a comprehensive set of legal measures that a domestic law should include in order to prevent, detect, and sanction effectively, money laundering and the financing of terrorism and to enable international cooperation against these crimes."